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Rental Market Trends in Spokane Valley, WA

What is the average rent in Spokane Valley, WA?

$1,305/month

Average Rent

740 Sq Ft

Average Apartment Size

+0.7%

Increase in the Last Year

As of July 2025, the average rent in Spokane Valley, WA is $1,305 per month. This is 20% lower than the national average rent of $1,637/month, making renting in Spokane Valley more affordable than most cities in the US. When you rent an apartment in Spokane Valley, you can expect to pay about $1,237 per month for a studio, $1,305 for a one-bedroom apartment, and around $1,479 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,892 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,237/month
591 Sq Ft
One Bedroom
$1,305/month
740 Sq Ft
Two Bedroom
$1,479/month
985 Sq Ft
Three Bedroom
$1,892/month
1,313 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,610/month
933 Sq Ft
Three Bedroom
$2,422/month
1,696 Sq Ft
Four Bedroom
$2,913/month
2,018 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,406/month
982 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,194/month
1,526 Sq Ft

How much has average rent changed in Spokane Valley, WA?

In the past year, rent has increased by 0.7%, which averages out to $9 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Spokane Valley, WA
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Spokane Valley, WA
Percentage*
Rent Range
1% Below $700/month
7% $700 - $1,000/month
54% $1,001 - $1,500/month
31% $1,501 - $2,000/month
7% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Spokane Valley?

Based on current rent prices, Eastwood, Dishman Hills and Opportunity are the most affordable neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Eastwood
$1,166/month
577 Sq Ft
Dishman Hills
$1,185/month
627 Sq Ft
Opportunity
$1,295/month
706 Sq Ft
Veradale
$1,453/month
785 Sq Ft
Mirabeau
$1,539/month
694 Sq Ft
Shelley Lake
$1,562/month
858 Sq Ft
Greenacres
$1,807/month
766 Sq Ft
Spokane Business & Industrial Park
$2,038/month
737 Sq Ft

What are the most expensive neighborhoods in Spokane Valley?

Based on current rent prices, Spokane Business & Industrial Park, Greenacres and Shelley Lake are the most expensive neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Spokane Business & Industrial Park
$2,038/month
737 Sq Ft
Greenacres
$1,807/month
766 Sq Ft
Shelley Lake
$1,562/month
858 Sq Ft
Mirabeau
$1,539/month
694 Sq Ft
Veradale
$1,453/month
785 Sq Ft
Opportunity
$1,295/month
706 Sq Ft
Dishman Hills
$1,185/month
627 Sq Ft
Eastwood
$1,166/month
577 Sq Ft

Which Spokane Valley neighborhoods have the most rentals available?

The neighborhoods in Spokane Valley with the most apartments available are Greenacres, Veradale and Opportunity .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenacres
$1,807/month
766 Sq Ft
Veradale
$1,453/month
785 Sq Ft
Opportunity
$1,295/month
706 Sq Ft
Spokane Business & Industrial Park
$2,038/month
737 Sq Ft
Dishman Hills
$1,185/month
627 Sq Ft
Mirabeau
$1,539/month
694 Sq Ft
Eastwood
$1,166/month
577 Sq Ft
Shelley Lake
$1,562/month
858 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Spokane Valley, WA?

Because the average rent in Spokane Valley is $1,305, you’ll want to make about $4,350 per month or $52,200 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Spokane Valley, WA

1,328 Available Apartments for Rent

Search for Nearby Apartments

How does Spokane Valley, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Spokane Valley, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Spokane Valley, WA

Apartment Averages

Eastwood

Spokane Valley, WA

Spokane Business & Industrial Park

Spokane Valley, WA

Studio
-
-
One Bedroom
-
$1,184/month
Two Bedroom
-
$1,343/month
Three Bedroom
-
$1,594/month
Search
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Nearby City Rent Trends

  • Spokane Average Rent

Apartment communities in Spokane Valley we think you'll love

The Quarry

The Quarry

16609 E Desmet Ct,
Spokane Valley, WA 99216

1-3 Beds | $1,395 - $2,000

Pine Valley Ranch

Pine Valley Ranch

3711 S Highway 27,
Spokane, WA 99206

1-3 Beds | $1,361 - $2,690

River Landing Townhome Collection

River Landing Townhome Collection

13915 E Carlisle Ave,
Spokane Valley, WA 99216

2-3 Beds | $2,100 - $2,250

Sixty20 on 4th Apartments

Sixty20 on 4th Apartments

6020 E 4th Ave,
Spokane Valley, WA 99212

1-2 Beds | $1,162 - $1,695

Property Management Companies in Spokane Valley, WA

Avenue5 Residential
Avenue5 Residential
  • 500

    Communities

  • 111,403

    Units

  • 193

    Cities

12 Communities in Spokane Valley
Black Realty Management, Inc.
Black Realty Management, Inc.
  • 38

    Communities

  • 3,026

    Units

  • 6

    Cities

10 Communities in Spokane Valley
Prodigy Property Management
Prodigy Property Management
  • 41

    Communities

  • 5,151

    Units

  • 12

    Cities

6 Communities in Spokane Valley
McCathren Management
McCathren Management
  • 23

    Communities

  • 2,560

    Units

  • 8

    Cities

6 Communities in Spokane Valley
Rudeen Development, LLC
Rudeen Development, LLC
  • 18

    Communities

  • 3,541

    Units

  • 6

    Cities

6 Communities in Spokane Valley
Greystar
Greystar
  • 3,276

    Communities

  • 911,127

    Units

  • 847

    Cities

5 Communities in Spokane Valley
Greenstone
Greenstone
  • 10

    Communities

  • 1,463

    Units

  • 3

    Cities

4 Communities in Spokane Valley
DGE  Investments
DGE Investments
  • 44

    Communities

  • 7,835

    Units

  • 18

    Cities

2 Communities in Spokane Valley

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United States Washington Spokane Valley Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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